Metro Atlanta Hookah Bar, Lounge & Restaurant for Sale – $780,000 Net Profit

by Steven Josovitz

Post image for Metro Atlanta Hookah Bar, Lounge & Restaurant for Sale – $780,000 Net Profit

#3078

Restaurant and Hookah Bar

  • 6,000/sf.
  • Capacity 500.
  • Two Bars.
  • Long term lease at $7800 per month all in.
  • Well established.
  • Full kitchen.
  • 2018 Gross Sales was $1,394,497.93 with $300,000 Net Profit plus an additional $120,000 annually in cover charges.
  • 2019 Gross Sales $1.800,000
  • 2019 Net Profit $400,000
  • 2020 Gross Sales are running $150,000 monthly
  • 2020 Net Profit $50,000 monthly.
  • $4,000 weekly door charges is in addition to sales and profit.
  • Full Staff in place includes GM.
  • Food 25% of Sales.
  • Outdoor Patio.
  • Tons of dedicated free parking.
  • $500,000 to open doors.

Lounge:

  • 3,500/sf.
  • Capacity 100.
  • Open six nights.
  • Long term lease at $4200 per month all in.
  • Hookah and Food Only.
  • Liquor License Available.
  • Hookah sales are at 75% with Food at 25%.
  • 2019 Gross Sales are $180,000 monthly with $72,000 Net Profit.
  • 2020 Gross Sales are $40,000 monthly with $15,000 Net Profit.
  • Full staff in place.
  • Tons of dedicated free parking.
  • $100,000 to open doors.

Priced at $1,000,000

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